4239 Cottage Hill Ave, Parrish, FL 34219
3 beds · 2 baths · 1,744 sqft
One or more photo(s) have been virtually staged. Enjoy paradise in this strategically laid out Freshwater II floorpan by Neal Communities. Nestled in the highly sought-after community of Silverleaf, this property offers the perfect balance of privacy and accessibility. TOP RATED schools, shopping, and I-75 are just minutes away. The expansive open concept living area effortlessly connects the kitchen, dining space, and living room making it ideal for gatherings. Crown molding throughout the living area adds a touch of elegance. Enjoy the tranquility of the primary suite with lush tropical views of the preserve. The spacious primary bedroom also offers large walk-in closet, a private ensuite with dual vanities and a walk-in shower. Two additional bedrooms and one full bath are smartly placed in the front of the home ensuring privacy for your guests. The bonus room, at the front of the home can be used as an office or den. This cozy home is a short walk to Silverleaf's amazing amenities which include a heated resort style pool and spa with cabanas, clubhouse, 24 hr. fitness center, playground, soccer field, 2 dog parks, basketball court, cornhole and nature trails throughout the community. Silverleaf is conveniently located to so many attractions including, Ellenton Outlet Mall, UTC Mall, tons of restaurants, golf, shopping, and world-renowned beaches on the Gulf of Mexico. Easy commute to St. Pete, Tampa, Sarasota and Lakewood Ranch. Don't miss the opportunity to make this beautiful home yours!
Source: STELLAR #a4630638
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4630638
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #a4630638
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.